According to Wu Blockchain, Binance has released a compliance statement addressing media reports about its connection to Iran-related fund flows, stating that the reports contain inaccuracies. Binance revealed that its investigation uncovered a complex financial network spanning Asia and the Middle East, with funds initially originating from regulated stablecoin issuers and a Singapore-based digital payment service provider. After multiple wallet transfers, approximately $126.1 million flowed into wallets linked to Iran, including around $24.1 million associated with the Iranian Revolutionary Guard Corps. Binance clarified that the funds neither originated from nor ended on its platform. Upon identifying suspicious activities, the related accounts were taken offline and reported to law enforcement. The company also denied firing employees due to compliance investigations. Binance emphasized that its compliance efforts have significantly reduced risks related to sanctions and that it continues to cooperate with law enforcement agencies. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58191